Egypt and Lebanon took further steps towards securing IMF support this week, but finalising a deal will prove much harder for the latter than the former. Elsewhere, countries across the region have eased lockdown measures recently, but the decision by some to step up their containment measures is a timely reminder that the virus threat has not disappeared. Finally, Saudi Arabia lowered local fuel prices this week, but household finances will be hit hard by the austerity measures announced on Monday.
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